Ryan Angus : Seller Informationhttp://www.ryanangus.com/blogs/ryan_angus/archive/tags/Seller+Information/default.aspxTags: Seller InformationenCommunityServer 2.1 SP1 (Debug Build: 61019.2)Ottawa Real Estate Market Update: July 2015http://www.ryanangus.com/blogs/ryan_angus/archive/2015/07/06/ottawa-real-estate-market-update-july-2015.aspxMon, 06 Jul 2015 18:49:00 GMTe6daeaff-7201-4579-9da7-d5efcef1b1cb:4012853Ryan Angus0http://www.ryanangus.com/blogs/ryan_angus/comments/4012853.aspxhttp://www.ryanangus.com/blogs/ryan_angus/commentrss.aspx?PostID=4012853<p>Members of the Ottawa Real Estate Board sold 1,694 residential properties in June through the Board&#39;s Multiple Listing Service&reg; system, compared with 1,657 in June 2014, an increase of 2.2 per cent. The five-year average for June sales is 1,664.<br /><br />&quot;The Ottawa market is performing very well month-over-month and year-to-date compared to last year,&quot; says David Oikle, President of the Ottawa Real Estate Board. &quot;Year-to-date sales for the first half of 2015 are up 4.9 per cent over the first half of 2014, and average sale price continues to be steady for the first half of the year.&quot; <br /><br />June&#39;s sales included 274 in the condominium property class, and 1,420 in the residential property class. The condominium property class includes any property, regardless of style (i.e. detached, semi-detached, apartment, stacked etc.), which is registered as a condominium, as well as properties which are co-operatives, life leases and timeshares. The residential property class includes all other residential properties.<br /><br />&quot;Inventory levels at the end of the month remain healthy and on par with May levels, with average cumulative days on market keeping steady at 74 days,&quot; says Oikle. &quot;Properties continue to move consistently, and we look forward to this continuing into the second half of the year.&quot; <br /><br />The average sale price of a residential-class property sold in June in the Ottawa area was $404,254, an increase of 4.1 per cent over June 2014. The average sale price for a condominium-class property was $271,415, an increase of 5.1 per cent over June 2014. The Board cautions that average sale price information can be useful in establishing trends over time but should not be used as an indicator that specific properties have increased or decreased in value. The average sale price is calculated based on the total dollar volume of all properties sold.<br /><br />&quot;The number of residential units sold in June increased in every price range from $350,000 and above, and the $300,000 to $400,000 price range continues to have the highest concentration of properties sold,&quot; states Oikle. &quot;In addition to residential and condominium sales, OREB members assisted clients with renting 330 properties in June; 1,485 since the beginning of the year.&quot;<br /><br />The Ottawa Real Estate Board is an industry association of over 3,000 sales representatives and brokers in the Ottawa area. Members of the Board are also members of the Canadian Real Estate Association</p><p>&nbsp;</p><p>Courtesy of the Ottawa Real Estate Board&nbsp;</p><img src="http://www.ryanangus.com/aggbug.aspx?PostID=4012853" width="1" height="1">Real EstateMarket ConditionsFor SaleBuyer InformationSeller InformationOttawa Real Estate Market Update: June 2015http://www.ryanangus.com/blogs/ryan_angus/archive/2015/06/03/ottawa-real-estate-market-update-june-2015.aspxWed, 03 Jun 2015 16:51:00 GMTe6daeaff-7201-4579-9da7-d5efcef1b1cb:3976345Ryan Angus0http://www.ryanangus.com/blogs/ryan_angus/comments/3976345.aspxhttp://www.ryanangus.com/blogs/ryan_angus/commentrss.aspx?PostID=3976345<p>Members of the Ottawa Real Estate Board sold 1,926 residential properties in May through the Board&#39;s Multiple Listing Service&reg; system, compared with 1,789 in May 2014, an increase of 7.7 per cent. The five-year average for May sales is 1,812.<br /><br />&quot;The Ottawa housing market continued its strong performance in May, making it the best May for unit sales on record since 2009,&quot; says David Oikle, President of the Ottawa Real Estate Board. &quot;Units sold are up 357 since April, increasing in both the residential and condominium property class.&quot;<br /><br />May&#39;s sales included 342 in the condominium property class, and 1,584 in the residential property class. The condominium property class includes any property, regardless of style (i.e. detached, semi-detached, apartment, stacked etc.), which is registered as a condominium, as well as properties which are co-operatives, life leases and timeshares. The residential property class includes all other residential properties.<br /><br />&quot;The average cumulative days on market remains consistent at 72 days, compared to 74 last month,&quot; says Oikle. &quot;Properties are moving consistently and inventory remains plentiful; labelling the Ottawa market as a Buyers&#39; market and allowing for average sale prices to remain very stable.&quot;<br /><br />The average sale price of a residential-class property sold in May in the Ottawa area was $411,791, an increase of 2.6 per cent over May 2014. The average sale price for a condominium-class property was $266,940, a decrease of 4.9 per cent over May 2014. The Board cautions that average sale price information can be useful in establishing trends over time but should not be used as an indicator that specific properties have increased or decreased in value. The average sale price is calculated based on the total dollar volume of all properties sold.<br /><br />&quot;The hottest segments of our market for May were sales between $300,000 to $400,000, followed by the $200,000 to $300,000 range and then the $400,000 to $500,000 range,&quot; says Oikle. &quot;Two -storey residential properties sold surpassed 1,000 units this month, continuing to have the highest concentration of buyers in Ottawa. In addition to residential and condominium sales, OREB members assisted clients with renting 279 properties in May, and 1,155 since the beginning of the year.&quot;<br />&nbsp;</p><p>Courtesy of the Ottawa Real Estate Board&nbsp;</p><img src="http://www.ryanangus.com/aggbug.aspx?PostID=3976345" width="1" height="1">Real EstateMarket ConditionsFor SaleBuyer InformationSeller InformationOttawa Real Estate Market Update: May 2015http://www.ryanangus.com/blogs/ryan_angus/archive/2015/05/05/ottawa-real-estate-market-update-may-2015.aspxWed, 06 May 2015 00:02:00 GMTe6daeaff-7201-4579-9da7-d5efcef1b1cb:3965825Ryan Angus0http://www.ryanangus.com/blogs/ryan_angus/comments/3965825.aspxhttp://www.ryanangus.com/blogs/ryan_angus/commentrss.aspx?PostID=3965825<p>Members of the Ottawa Real Estate Board sold 1,570 residential properties in April through the Board&#39;s Multiple Listing Service&reg; system, compared with 1,419 in April 2014, an increase of 10.6 per cent. The five-year average for April sales is 1,531. <br /><br />&quot;Despite the late departure of the cold weather this April, buyers were out in full swing, propelling the Ottawa resale market into a busy spring selling season,&quot; says David Oikle, President of the Ottawa Real Estate Board. &quot;Sales continued their steady pace upwards since the beginning of the year, with 362 more properties sold this April over March.&quot;<br /><br />April&#39;s sales included 258 in the condominium property class, and 1,312 in the residential property class. The condominium property class includes any property, regardless of style (i.e. detached, semi-detached, apartment, stacked etc.), which is registered as a condominium, as well as properties which are co-operatives, life leases and timeshares. The residential property class includes all other residential properties.<br /><br />&quot;The average cumulative days on market has improved even more in April, coming in at 74 days, compared to 83 in March,&quot; says Oikle. &quot;Properties are moving faster and inventory is plentiful, with just under 9,000 residential properties, including condos, available for sale going into May.&quot;<br /><br />The average sale price of a residential-class property sold in April in the Ottawa area was $403,239, an increase of 0.9 per cent over April 2014. The average sale price for a condominium-class property was $265,371, an increase of 2.7 per cent over April 2014. The Board cautions that average sale price information can be useful in establishing trends over time but should not be used as an indicator that specific properties have increased or decreased in value. The average sale price is calculated based on the total dollar volume of all properties sold.<br /><br />&quot;Several price ranges this month saw significant increases in units sold; a possible explanation for the residential average sale price entering the $400,000 range,&quot; explains Oikle. &quot;The $400,000 to $450,000 range saw an increase of 37.3 per cent; while the $500,000 to $750,000 range saw a 25.4 per cent increase. Two-storey and bungalow residential properties remain as the top selling property-types in Ottawa. In addition to residential and condominium sales, OREB members assisted clients with renting 283 properties in April, and 876 since the beginning of the year.&quot;</p><p>&nbsp;Courtesy of the Ottawa Real Estate Board&nbsp;</p><img src="http://www.ryanangus.com/aggbug.aspx?PostID=3965825" width="1" height="1">Real EstateMarket ConditionsFor SaleBuyer InformationSeller InformationOttawa Real Estate April Market Update: Spring has sprung in real estate despite the weather...http://www.ryanangus.com/blogs/ryan_angus/archive/2015/04/09/ottawa-real-estate-april-market-update-spring-has-sprung-in-real-estate-despite-the-weather.aspxThu, 09 Apr 2015 15:12:00 GMTe6daeaff-7201-4579-9da7-d5efcef1b1cb:3955721Ryan Angus0http://www.ryanangus.com/blogs/ryan_angus/comments/3955721.aspxhttp://www.ryanangus.com/blogs/ryan_angus/commentrss.aspx?PostID=3955721<p><span style="line-height:115%;font-family:'Arial','sans-serif';font-size:11pt;">Members of the Ottawa Real Estate Board sold
1,208 residential properties in March through the Board&#39;s Multiple Listing
Service&reg; system, compared with 1,184 in March 2014, an increase of two per
cent. The five-year average for March sales is 1,236.<br />
<br />
&quot;Sales increased month over month, with 356 more properties sold in March
over February, a 41.8 per cent increase,&quot; says David Oikle, President of
the Ottawa Real Estate Board. &quot;Indications of a fast approaching spring
market were noted in February, and these numbers are proof that Ottawa is
indeed experiencing an upswing in sales.&quot;<br />
<br />
March&#39;s sales included 228 in the condominium property class, and 980 in the
residential property class. The condominium property class includes any
property, regardless of style (i.e. detached, semi-detached, apartment,
townhouse, etc.), which is registered as a condominium, as well as properties
which are co-operatives, life leases and timeshares. The residential property
class includes all other residential properties.<br />
<br />
&quot;The average cumulative days on market came in at 83 for the month of
March, lower than the average of 99 days in February and 119 days in January
indicating that properties are starting to move faster as we enter the second
quarter of 2015,&quot; explains Oikle. &quot;Year-to-date sales for the first
quarter of 2015 are 1.8 per cent higher than the first quarter of 2014. Average
sales price has also increased, ever so slightly, by 0.8 per cent. So far, the
2015 resale market in Ottawa remains steady and strong.&quot; <br />
<br />
The average sale price of residential properties, including condominiums, sold
in March in the Ottawa area was $361,572, an increase of 0.7 per cent over
March 2014. The average sale price for a condominium-class property was
$251,666, no change over March 2014. The average sale price of a
residential-class property was $387,141, no change over March 2014. While
average sale price information can be useful in establishing trends over time,
it should not be used as an indicator that specific properties have increased or
decreased in value, because the average sale price is calculated based on the
total dollar volume of all properties sold.<br />
<br />
&quot;The hottest segments of our market in March were sales between $300,000
to $400,000, followed by the $200,000 to $300,000 price range,&quot; says
Oikle. &quot;Residential two-storey homes continue to be the highest sold
property class, followed by bungalows and one-level condos. In addition to
residential and condominium sales, OREB members assisted clients with renting
593 properties since the beginning of the year.&quot;</span></p><p>courtesy of the Ottawa Real&nbsp;Estate Board.&nbsp;</p><img src="http://www.ryanangus.com/aggbug.aspx?PostID=3955721" width="1" height="1">Real EstateMarket ConditionsFor SaleBuyer InformationSeller InformationOttawa Real Estate Market Update: February freeze steady saleshttp://www.ryanangus.com/blogs/ryan_angus/archive/2015/03/04/ottawa-real-estate-market-update-february-freeze-steady-sales.aspxThu, 05 Mar 2015 04:16:00 GMTe6daeaff-7201-4579-9da7-d5efcef1b1cb:3941596Ryan Angus0http://www.ryanangus.com/blogs/ryan_angus/comments/3941596.aspxhttp://www.ryanangus.com/blogs/ryan_angus/commentrss.aspx?PostID=3941596<font face="Times New Roman" size="3">
</font><p style="margin:0in 0in 10pt;"><span><font face="Calibri" size="3">
Members of the Ottawa Real Estate Board sold 853 residential properties in
February through the Board&#39;s Multiple Listing Service&reg; system, compared with
868 in February 2014, a decrease of 1.7 per cent. The five-year average for
February sales is 914.<br />
<br />
&quot;Even though we had one of the coldest months on record, resales for the
month of February are only slightly down from last year,&quot; says President
of the Ottawa Real Estate Board, David Oikle. &quot;Looking at residential
properties alone, 13 more properties were sold this February over last February
- a 1.9 per cent increase; while the condo market on the other hand, has been a
little slower to gain momentum. That being said, both residential and condo
sales are up a total of 226 combined units since January and there are a total
of 6,519 residential listings going into March - both telling signs that the
spring market is fast approaching.&quot;<br />
<br />
February&#39;s sales included 168 in the condominium property class, and 685 in the
residential property class. The condominium property class includes any
property, regardless of style (i.e. detached, semi-detached, apartment,
townhouse, etc.), which is registered as a condominium, as well as properties
which are co-operatives, life leases and timeshares. The residential property class
includes all other residential properties.<br />
<br />
The average sale price of residential properties, including condominiums, sold
in February in the Ottawa area was $358,206, an increase of 1.3 per cent over
February 2014. The average sale price for a condominium-class property was
$267,880, an increase of 3.8 per cent over February 2014. The average sale
price of a residential-class property was $380,358, a decrease of 0.3 per cent
over February 2014. While average sale price information can be useful in establishing
trends over time, it should not be used as an indicator that specific
properties have increased or decreased in value, because the average sale price
is calculated based on the total dollar volume of all properties sold.<br />
<br />
&quot;The hottest segments of our market in February were sales between
$300,000 to $400,000, followed by the $200,000 to $300,000 range and $400,000
to $500,000 range,&quot; says Oikle. &quot;These price ranges continue to have
the highest concentration of properties sold, while residential two-storey
homes and bungalows continue to have the highest concentration of buyers. In
addition to residential and condominium sales, OREB members assisted clients
with renting 366 properties since the beginning of the year.&quot;</font></span></p><font face="Times New Roman" size="3">
</font><p style="margin:0in 0in 10pt;"><span><font face="Calibri" size="3">&nbsp;</font></span></p><font face="Times New Roman" size="3">
</font><p style="margin:0in 0in 10pt;"><span><font face="Calibri" size="3">Courtyesy of the
Ottawa Real Estate Board</font></span></p><font face="Times New Roman" size="3">
</font><img src="http://www.ryanangus.com/aggbug.aspx?PostID=3941596" width="1" height="1">Real EstateMarket ConditionsFor SaleAnnouncementsPoint2Buyer InformationSeller InformationCommunity InformationOttawa Real Estate Market Update: Cold January, Warm saleshttp://www.ryanangus.com/blogs/ryan_angus/archive/2015/02/06/ottawa-real-estate-market-update-cold-january-warm-sales.aspxFri, 06 Feb 2015 13:51:00 GMTe6daeaff-7201-4579-9da7-d5efcef1b1cb:3930063Ryan Angus0http://www.ryanangus.com/blogs/ryan_angus/comments/3930063.aspxhttp://www.ryanangus.com/blogs/ryan_angus/commentrss.aspx?PostID=3930063<p>Members of the Ottawa Real Estate Board sold 627 residential properties in January through the Board&#39;s Multiple Listing Service&reg; system, compared with 587 in January 2014, an increase of 6.8 per cent. The five-year average for January sales is 633.<br /><br /> &quot;The cold weather proved not to be a deterrent for buyers in January,&quot; says President of the Ottawa Real Estate Board, David Oikle. &quot;Residential and Condo sales combined, contributed to an increase in sales this month, and we are right on par with the January average. Residential two-storey and bungalow properties had the highest concentration of buyers. In addition to residential and condominium sales, OREB members assisted clients with renting 183 units this month.&quot;<br /><br /> January&#39;s sales included 114 in the condominium property class, and 513 in the residential property class. The condominium property class includes any property, regardless of style (i.e. detached, semi-detached, apartment, townhouse, etc.), which is registered as a condominium, as well as properties which are co-operatives, life leases and timeshares. The residential property class includes all other residential properties.<br /><br /> &quot;This month has been a busy month for our Members,&quot; says Oikle. &quot;The number of residential and condo properties listed in January (2,018) more than doubled the amount of newly listed properties from December - a normal occurrence at the beginning of the year, in advance of the usual busy spring market.&quot; <br /><br /> The average sale price of residential properties, including condominiums, sold in January in the Ottawa area was $348,617, an increase of 0.5 per cent over January 2014. The average sale price for a condominium-class property was $250,406, a decrease of 5.8 per cent over January 2014. The average sale price of a residential-class property was $370,442, an increase of 0.5 per cent over January 2014. While average sale price information can be useful in establishing trends over time, it should not be used as an indicator that specific properties have increased or decreased in value, because the average sale price is calculated based on the total dollar volume of all properties sold.<br /><br /> &quot;The possibility of interest rates approaching record lows will provide even more opportunity for homebuyers,&quot; explains Oikle. &quot;The Ottawa resale market remains steady, and we look forward to a productive year ahead.&quot;</p><p>courtesy of the Ottawa Real Estate Market update&nbsp;</p><img src="http://www.ryanangus.com/aggbug.aspx?PostID=3930063" width="1" height="1">Real EstateMarket ConditionsFor SaleOpen HousesBuyer InformationSeller InformationCommunity InformationOttawa Real Estate Market Update: December finishes a strong year!http://www.ryanangus.com/blogs/ryan_angus/archive/2015/01/08/ottawa-real-estate-market-update-december-finishes-strong-year.aspxThu, 08 Jan 2015 15:47:00 GMTe6daeaff-7201-4579-9da7-d5efcef1b1cb:3906535Ryan Angus0http://www.ryanangus.com/blogs/ryan_angus/comments/3906535.aspxhttp://www.ryanangus.com/blogs/ryan_angus/commentrss.aspx?PostID=3906535<p><br /><br /><br /></p><hr /><strong><font color="blue">December unit sales contribute to a strong year-end</font></strong><br /><br /> Members of the Ottawa Real Estate Board sold 640 residential properties in December through the Board&#39;s Multiple Listing Service&reg; system, compared with 609 in December 2013, an increase of 5.1 per cent. The five-year average for December sales is 637.<br /><br /> The total number of homes sold through the Board&#39;s MLS&reg; system in 2014 was 13,928, compared with 13,871 in 2013, an increase of 0.4 per cent. Residential unit sales for the year were slightly higher with a 2.4 per cent increase over 2013, while condo sales declined by 7.2 per cent compared to last year. The average residential home price, including condominiums, sold in 2014 was $361,712, an increase of 1.2 per cent over 2013.<br /><br /> &quot;The listing inventory for both residential and condos trended higher all year,&quot; says new President of the Ottawa Real Estate Board, David Oikle. &quot;Condo units for sale increased as high as 23 per cent in February and March over the previous year, but settled back down to 2013 levels by the end of December. Increased inventory levels contributed to the market favouring Buyers for much of the year.&quot;<br /><br /> December&#39;s sales included 144 in the condominium property class, and 496 in the residential property class. The condominium property class includes any property, regardless of style (i.e. detached, semi-detached, apartment, townhouse, etc.), which is registered as a condominium, as well as properties which are co-operatives, life leases and timeshares. The residential property class includes all other residential properties.<br /><br /> The average sale price of residential properties, including condominiums, sold in December in the Ottawa area was $345,449, an increase of 1.6 per cent over December 2013. The average sale price for a condominium-class property was $270,236, an increase of 10.1 per cent over December 2013. The average sale price of a residential-class property was $367,286, a decrease of 0.7 per cent over December 2013. The Board cautions that average sale price information can be useful in establishing trends over time but should not be used as an indicator that specific properties have increased or decreased in value. The average sale price is calculated based on the total dollar volume of all properties sold.<br /><br /> &quot;The price range with the most concentrated amount of sales for 2014 was the $300,000 to $349,999 range, with 18.8 per cent of the year&#39;s sales, followed by the $350,000 to $399,000 range, with 12.5 per cent of the year&#39;s sales, explains Oikle. &quot;The third highest category with 11.6 per cent of the year&#39;s sales was in the $500,000 to $749.999 price range. All three of these price range property concentrations are very similar to the ranges from 2013.&quot;<br /><br /> In addition to residential and condominium sales, OREB members have assisted clients with renting over 2,500 properties in 2014. OREB members also assist clients with the sale of building lots, businesses, farms and recreational properties, and the leasing of commercial space.<p>&nbsp;</p><p>Courtesy of the Ottawa&nbsp;Real Estate Board.&nbsp;</p><img src="http://www.ryanangus.com/aggbug.aspx?PostID=3906535" width="1" height="1">Real EstateFor SaleFor Rent/LeaseIndustryBuyer InformationSeller InformationCommunity InformationWindsor Park Village For Sale http://www.ryanangus.com/blogs/ryan_angus/archive/2015/01/07/f507a63e370b4f1ea41334f535b61320.aspxWed, 07 Jan 2015 17:08:00 GMTe6daeaff-7201-4579-9da7-d5efcef1b1cb:3903573Ryan Angus0http://www.ryanangus.com/blogs/ryan_angus/comments/3903573.aspxhttp://www.ryanangus.com/blogs/ryan_angus/commentrss.aspx?PostID=3903573
<p align="center" style="margin-left:10px;float:right;">
<a href="http://ryanangus.point2agent.com/Ottawa/Ontario/Homes/Windsor_Park_Villege/Agent/Listing_148613897.html"><img src="http://media.point2.com/p2a/listing/b62a/2583/3a3d/62cf3c23c38dfc92910e/w160h120.jpg" class="Photo ListingPhoto" alt="DSC00357" border="0" style="border:black 1px solid;"></a>
</p>
<p class="summary" style="margin-top:0px;">
&bull;&nbsp;<span>2 bath, 3 bdrm single story</span>
<span>-</span>
<span id="Price_pl">$189,900</span>
</p>
<p>
<span class="dateline" id="LeadIn" style="font-weight:bold;">Windsor Park Villege, Ottawa</span>
<span>&nbsp;-&nbsp;</span>
Spacious and bright town home with newly renovated kitchen, new high efficiency furnace, spacious main level and huge main bedroom plus 2 good sized secondary bedrooms. Parking space just steps from front door. No rear neighbours.
</p>
<p><a href="http://ryanangus.point2agent.com/Ottawa/Ontario/Homes/Windsor_Park_Villege/Agent/Listing_148613897.html">Property information</a></p>
<img src="http://www.ryanangus.com/aggbug.aspx?PostID=3903573" width="1" height="1">Real EstateMarket ConditionsFor SaleIndustryBuyer InformationSeller InformationCommunity InformationOttawa Real Estate Market Update: November sales up slightly over last yearhttp://www.ryanangus.com/blogs/ryan_angus/archive/2014/12/06/ottawa-real-estate-market-update-november-sales-up-slightly-over-last-year.aspxSat, 06 Dec 2014 18:44:00 GMTe6daeaff-7201-4579-9da7-d5efcef1b1cb:3809932Ryan Angus0http://www.ryanangus.com/blogs/ryan_angus/comments/3809932.aspxhttp://www.ryanangus.com/blogs/ryan_angus/commentrss.aspx?PostID=3809932<p>Members of the Ottawa Real Estate Board sold 893 residential properties in November through the Board&#39;s Multiple Listing Service&reg; system, compared with 888 in November 2013, an increase of 0.6 per cent. The five-year average for November sales is 935.<br /><br />&quot;Sales have been remarkably similar to last year overall, with units sold for the first eleven months of the year at 13,291, just slightly above the year-to-date sales for 2013,&quot; says Randy Oickle, President of the Ottawa Real Estate Board. &quot;Inventory levels are starting to dip back down, which is normal for this time of year, and average sales prices keep steady with last year. Overall, it has been a typical year so far for the real estate market in Ottawa - steady and fluctuating between a balanced and buyer&#39;s market.&quot; <br /><br />November&#39;s sales included 170 in the condominium property class, and 723 in the residential property class. The condominium property class includes any property, regardless of style (i.e. detached, semi-detached, apartment, townhouse, etc.), which is registered as a condominium, as well as properties which are co-operatives, life leases and timeshares. The residential property class includes all other residential properties.<br /><br />&quot;Properties have taken longer to sell, requiring most sellers to be more patient with the market,&quot; explains Oickle. &quot;Resale condos are slightly behind last year&#39;s volume, likely caused by increased competition with new condo developments. Although the market slows somewhat in December, Sellers should note that many buyers for 2015 will begin their search over the holiday period, statistically the highest property search period.&quot;<br /><br />The average sale price of residential properties, including condominiums, sold in November in the Ottawa area was $356,900, an increase of 0.4 per cent over November 2013. The average sale price for a condominium-class property was $250,425, a decrease of three per cent over November 2013. The average sale price of a residential-class property was $381,936, an increase of 0.7 per cent over November 2013. The Board cautions that average sale price information can be useful in establishing trends over time but should not be used as an indicator that specific properties have increased or decreased in value. The average sale price is calculated based on the total dollar volume of all properties sold.<br /><br />&quot;The $300,000 to $349,999 price range had the highest concentration of properties sold in November, followed by the $350,000 to $399,999 range. There were 93 properties sold in the price range between $500,000 to $749,999,&quot; says Oickle. &quot;The rental market continues to be hot in Ottawa, with approximately 175 properties rented in November, and over 2,300 rented since the beginning of the year. Ottawa Real Estate Board members can assist you with a variety of needs, whether you are looking to rent, or wanting to better understand the prices in your area.&quot; </p><p>&nbsp;</p><p>Courtesy of the&nbsp;Ottawa Real Estate&nbsp;Board.&nbsp;</p><img src="http://www.ryanangus.com/aggbug.aspx?PostID=3809932" width="1" height="1">Real EstateMarket ConditionsFor SaleOpen HousesAnnouncementsIndustryBuyer InformationSeller InformationOttawa Real Estate Market Update: October sales set a near record as market heads into buyer's territoryhttp://www.ryanangus.com/blogs/ryan_angus/archive/2014/11/05/ottawa-real-estate-market-update-october-sales-set-a-near-record-as-market-heads-into-buyer-s-territory.aspxWed, 05 Nov 2014 18:23:00 GMTe6daeaff-7201-4579-9da7-d5efcef1b1cb:3795867Ryan Angus0http://www.ryanangus.com/blogs/ryan_angus/comments/3795867.aspxhttp://www.ryanangus.com/blogs/ryan_angus/commentrss.aspx?PostID=3795867<p><strong><font color="#0000ff"><br /><br /></font></strong>Members of the Ottawa Real Estate Board sold 1,121 residential properties in October through the Board&#39;s Multiple Listing Service&reg; system, compared with 1,089 in October 2013, an increase of 2.9 per cent. The five-year average for October sales is 1,076.<br /><br />&quot;Sales from this past month are the second best on record for October, only comparable to the 1,199 sales in October 2009,&quot; explained Randy Oickle, President of the Ottawa Real Estate Board. &quot;Our residential listing inventory is up 12.5 per cent from 2013, with 7,550 active listings at the end of October this year. Year-to-date sales have now slightly surpassed year-to-date numbers from last year, and we are up 0.2 per cent over 2013. Interestingly, although sales volume is slightly ahead of last year - when we were in a balanced market - the higher listing volume this year has moved us into a buyer&#39;s market.&quot;<br /><br />October&#39;s sales included 194 in the condominium property class, and 927 in the residential property class. The condominium property class includes any property, regardless of style (i.e. detached, semi-detached, apartment, townhouse, etc.), which is registered as a condominium, as well as properties which are co-operatives, life leases and timeshares. The residential property class includes all other residential properties.<br /><br />The average sale price of residential properties, including condominiums, sold in October in the Ottawa area was $355,813, a decrease of 1.2 per cent over October 2013. The average sale price for a condominium-class property was $290,224, an increase of 7.3 per cent over October 2013. The average sale price of a residential-class property was $369,540, a decrease of 3.2 per cent over October 2013. The Board cautions that average sale price information can be useful in establishing trends over time but should not be used as an indicator that specific properties have increased or decreased in value. The average sale price is calculated based on the total dollar volume of all properties sold.<br /><br />&quot;Again this month, the $300,000 to $399,999 price range continues to have the highest concentration of properties sold, followed by the $500,000 to $749,999 range,&quot; says Oickle. &quot;Fifteen properties were sold in the over $1 million range, with six of these properties being condominiums. No condos were sold in this price range last year, which is a possible explanation for the large increase in average sale price for condos this October compared to last.&quot;<br /><br />In addition to residential and condominium sales, OREB members have assisted clients with renting over 2,100 units so far this year. OREB members also assist clients with the sale of building lots, businesses, farms and recreational properties, and the leasing of commercial space.</p><p>&nbsp;Courtesy of the Ottawa Real Estate Board&nbsp;</p><img src="http://www.ryanangus.com/aggbug.aspx?PostID=3795867" width="1" height="1">Market ConditionsFor SaleFor Rent/LeaseAnnouncementsPoint2Buyer InformationSeller InformationOttawa Real Estate Market Update: Slow and steady in Ottawa real estatehttp://www.ryanangus.com/blogs/ryan_angus/archive/2014/10/03/ottawa-real-estate-market-update-slow-and-steady-in-ottawa-real-estate.aspxFri, 03 Oct 2014 19:13:00 GMTe6daeaff-7201-4579-9da7-d5efcef1b1cb:3778577Ryan Angus0http://www.ryanangus.com/blogs/ryan_angus/comments/3778577.aspxhttp://www.ryanangus.com/blogs/ryan_angus/commentrss.aspx?PostID=3778577<font face="Times New Roman" size="3">
</font><p style="margin:0in 0in 10pt;"><span style="line-height:115%;font-family:'Times New Roman','serif';font-size:12pt;">Members of the Ottawa Real Estate Board sold 1,133
residential properties in September through the Board&#39;s Multiple Listing
Service&reg; system, compared with 1,118 in September 2013, an increase of 1.3 per
cent. The five-year average for September sales is 1,103.<br />
<br />
&quot;Our community is fortunate to enjoy one of the most stable real estate
markets in Canada,&quot; says Randy Oickle, President of the Ottawa Real Estate
Board. &quot;This is evidenced by the fact that the units sold and the average
sale price in August and September has stayed within a few percentage points
from the year before. We are also right on par with sales and average sales
price year-to-date compared with 2013.&quot;<br />
<br />
September&#39;s sales included 232 in the condominium property class, and 901 in
the residential property class. The condominium property class includes any
property, regardless of style (i.e. detached, semi-detached, apartment,
townhouse, etc.), which is registered as a condominium, as well as properties
which are co-operatives, life leases and timeshares. The residential property
class includes all other residential properties.<br />
<br />
The average sale price of residential properties, including condominiums, sold
in September in the Ottawa area was $356,915, an increase of three per cent
over September 2013. The average sale price for a condominium-class property
was $254,036, a decrease of 1.2 per cent over September 2013. The average sale
price of a residential-class property was $383,406, an increase of 3.2 per cent
over September 2013. The Board cautions that average sale price information can
be useful in establishing trends over time but should not be used as an
indicator that specific properties have increased or decreased in value. The
average sale price is calculated based on the total dollar volume of all
properties sold.<br />
<br />
&quot;The $300,000 to $399,999 price range continues to have the highest
concentration of properties sold, followed by the $500,000 to $749,999 range,
which is closely followed by the $275,000 to $299,999 price range,&quot;
explains Oickle. &quot;Condos performed better in September than in August,
which could be a contributing factor in the latter price range having a higher
concentration of properties sold than in the past.&quot; <br />
<br />
In addition to residential and condominium sales, OREB members have assisted
clients with renting almost 2,000 units so far this year. OREB members also
assist clients with the sale of building lots, businesses, farms and recreational
properties, and the leasing of commercial space.</span></p><font face="Times New Roman" size="3">
</font><p style="margin:0in 0in 10pt;"><span style="line-height:115%;font-family:'Times New Roman','serif';font-size:12pt;">&nbsp;</span></p><font face="Times New Roman" size="3">
</font><p style="margin:0in 0in 10pt;"><span style="line-height:115%;font-family:'Times New Roman','serif';font-size:12pt;">Courtesy of the Ottawa Real Estate Board.</span></p><font face="Times New Roman" size="3">
</font><img src="http://www.ryanangus.com/aggbug.aspx?PostID=3778577" width="1" height="1">Real EstateMarket ConditionsFor SaleFor Rent/LeaseFinancesBuyer InformationSeller InformationOttawa Real Estate Market Update: August, just an average month.http://www.ryanangus.com/blogs/ryan_angus/archive/2014/09/04/ottawa-real-estate-market-update-august-just-an-average-month.aspxFri, 05 Sep 2014 04:35:00 GMTe6daeaff-7201-4579-9da7-d5efcef1b1cb:3764281Ryan Angus0http://www.ryanangus.com/blogs/ryan_angus/comments/3764281.aspxhttp://www.ryanangus.com/blogs/ryan_angus/commentrss.aspx?PostID=3764281<font face="Times New Roman" size="3">
</font><p class="MsoNormal" style="margin:0in 0in 10pt;"><span><font face="Calibri"><font size="3">Members of the
Ottawa Real Estate Board sold 1,203 residential properties in August through
the Board&#39;s Multiple Listing Service&reg; system, compared with 1,216 in August
2013, a decrease of 1.1 per cent. The five-year average for August is 1,199.<br />
<br />
&quot;As usual, we are seeing a typical end-of-summer slowdown, especially in
comparison to July&#39;s record sales,&quot; says Randy Oickle, President of the
Ottawa Real Estate Board. &quot;Although sales numbers are down slightly since
last year, August&#39;s sales are slightly higher than the five-year average, and
continue to be on par with year-to-date sales compared to last year.&quot;<br />
<br />
August&#39;s sales included 219 in the condominium property class, and 984 in the
residential property class. The condominium property class includes any property,
regardless of style (i.e. detached, semi-detached, apartment, stacked etc.),
which is registered as a condominium, as well as properties which are
co-operatives, life leases and timeshares. The residential property class
includes all other residential properties.<br />
<br />
&quot;Units sold in the residential property class alone, excluding condos, are
up four per cent year-over-year. And average sale price has increased for both
the residential and condo class,&quot; says Oickle. &quot;If you are planning
on buying or selling a home, we encourage you to consult one of our member
REALTORS&reg; to get in depth advice on prices in your neighbourhood.&quot;<br />
<br />
The average sale price of residential properties, including condominiums, sold
in August in the Ottawa area was $360,214, an increase of 3.4 per cent over
August 2013. The average sale price for a condominium-class property was
$263,996, an increase of 2.7 per cent over August 2013. The average sale price
of a residential-class property was $381,628, an increase of 1.9 per cent over August
2013. The Board cautions that average sale price information can be useful in
establishing trends over time but should not be used as an indicator that
specific properties have increased or decreased in value. The average sale
price is calculated based on the total dollar volume of all properties sold.<br />
<br />
&quot;The $300,000 to $399,999 price range continues to have the highest
concentration of properties sold, followed by the $500,000 to $749,999 range -
the later range up by 27.4 per cent from last year,&quot; explains Oickle.
&quot;This increase may possibly be the contributing factor in the average
house price increases this month.&quot;</font></font></span></p><font face="Times New Roman" size="3">
</font><p class="MsoNormal" style="margin:0in 0in 10pt;"><span><font face="Calibri" size="3">Courtesy of the
Ottawa Real Estate Board</font></span></p><font face="Times New Roman" size="3">
</font><img src="http://www.ryanangus.com/aggbug.aspx?PostID=3764281" width="1" height="1">Real EstateMarket ConditionsFor SaleOpen HousesAnnouncementsIndustryBuyer InformationSeller InformationCommunity InformationOttawa residential market update: Second highest July sales on recordhttp://www.ryanangus.com/blogs/ryan_angus/archive/2014/08/07/ottawa-residential-market-update-second-highest-july-sales-on-record.aspxThu, 07 Aug 2014 15:22:00 GMTe6daeaff-7201-4579-9da7-d5efcef1b1cb:3750935Ryan Angus0http://www.ryanangus.com/blogs/ryan_angus/comments/3750935.aspxhttp://www.ryanangus.com/blogs/ryan_angus/commentrss.aspx?PostID=3750935Members of the Ottawa Real Estate Board sold 1,445 residential properties in July through the Board&#39;s Multiple Listing Service&reg; system, compared with 1,336 in July 2013, an increase of 8.2 per cent. The five-year average for July is 1,317.<br /><br />&quot;Sales from this past month are the second best on record for July, only comparable to the 1,578 sales in July 2009,&quot; indicated Randy Oickle, President of the Ottawa Real Estate Board. &quot;Also, strong sales in the past few months have brought year-to-date sales right on par with 2013. This year is shaping up to be another strong and stable year for the Ottawa market, despite the lackluster sales in the first few months of 2014.&quot;<br /><br />July&#39;s sales included 262 in the condominium property class, and 1,183 in the residential property class. The condominium property class includes any property, regardless of style (i.e. detached, semi-detached, apartment, stacked etc.), which is registered as a condominium, as well as properties which are co-operatives, life leases and timeshares. The residential property class includes all other residential properties.<br /><br />The average sale price of residential properties, including condominiums, sold in July in the Ottawa area was $356,735, a decrease of 0.8 per cent over July 2013. The average sale price for a condominium-class property was $261,663, a decrease of 5.3 per cent over July 2013. The average sale price of a residential-class property was $377,791, a decrease of 0.8 per cent over July 2013. The Board cautions that average sale price information can be useful in establishing trends over time but should not be used as an indicator that specific properties have increased or decreased in value. The average sale price is calculated based on the total dollar volume of all properties sold.<br /><br />&quot;The average sale price is down slightly since last year, partially because there were six fewer properties sold in the over $1 million range this July compared to July 2013,&quot; says Oickle. &quot;The price range of $300,000 to $349,999 had the highest concentration of properties sold, followed by $350,000 to $399,999 range, then the $400,000 to $449,999 range. These numbers are indicative of first-time homebuyers still coming into the market, taking advantage of the continuing low interest rates. Buying or selling is always a very personal decision and we encourage consumers to contact one of our member REALTORS&reg; for professional advice.&quot;<br /><br />Courtesy of the&nbsp;Ottawa Real Estate Board&nbsp;<img src="http://www.ryanangus.com/aggbug.aspx?PostID=3750935" width="1" height="1">Real EstateMarket ConditionsFor SaleFor Rent/LeaseOpen HousesIndustryBuyer InformationSeller InformationCommunity InformationOttawa Real Estate Market Update: Junehttp://www.ryanangus.com/blogs/ryan_angus/archive/2014/07/09/ottawa-real-estate-market-update-june.aspxWed, 09 Jul 2014 20:20:00 GMTe6daeaff-7201-4579-9da7-d5efcef1b1cb:3737759Ryan Angus0http://www.ryanangus.com/blogs/ryan_angus/comments/3737759.aspxhttp://www.ryanangus.com/blogs/ryan_angus/commentrss.aspx?PostID=3737759<font face="Times New Roman" size="3">
</font><p class="MsoNormal" style="margin:0in 0in 10pt;"><span style="font-family:'Arial','sans-serif';"><font size="3">Members of the Ottawa Real Estate Board sold 1,661
residential properties in June through the Board&#39;s Multiple Listing Service&reg;
system, compared with 1,593 in June 2013, an increase of 4.3 per cent. The
five-year average for June is 1,636.<br />
<br />
&quot;It is now very apparent that the long winter we experienced delayed the
start of the normally busy spring market,&quot; explains David Oikle,
President-Elect of the Ottawa Real Estate Board. &quot;As a result, we saw a
higher demand going into June, and more homes switching hands. We&#39;ve had a good
May and June for residential sales, and average days on the market has held
steady at 42 days.&quot;<br />
<br />
June&#39;s sales included 316 in the condominium property class, and 1,345 in the
residential property class. The condominium property class includes any
property, regardless of style (i.e. detached, semi-detached, apartment, stacked
etc.), which is registered as a condominium, as well as properties which are
co-operatives, life leases and timeshares. The residential property class
includes all other residential properties.<br />
<br />
&quot;We&#39;re also seeing that the Ottawa market is doing well in comparison to
the first six months of 2013,&quot; says Oikle. &quot;With positive numbers in
May and June, year-to-date units sold are now only off by 106 units; while the
average sale price has increased 1.5 per cent over a year ago.&quot;<br />
<br />
The average sale price of residential properties, including condominiums, sold
in June in the Ottawa area was $364,264, an increase of 1.4 per cent over June
2013. The average sale price for a condominium-class property was $258,135, a
decrease of 2.8 per cent over June 2013. The average sale price of a
residential-class property was $389,198, an increase of 1.8 per cent over June
2013. The Board cautions that average sale price information can be useful in
establishing trends over time but should not be used as an indicator that
specific properties have increased or decreased in value. The average sale
price is calculated based on the total dollar volume of all properties sold.<br />
<br />
&quot;Currently the residential and condo unit inventory on hand is just over
8,500, compared to approximately 7,500 last year,&quot; explains Oikle.
&quot;While this moderate increase of 13 per cent in the inventory of
residential and condo units has created more selection for buyers, and increased
competition for sellers, this is consistent with an active spring market. Other
properties such as rentals, commercial properties, lots, etc. make up the
balance of the inventory available, currently standing at approximately 2,500
units.</font></span></p><font face="Times New Roman" size="3">
</font><p class="MsoNormal" style="margin:0in 0in 10pt;"><span style="font-family:'Arial','sans-serif';"><font size="3">&nbsp;</font></span></p><font face="Times New Roman" size="3">
</font><p class="MsoNormal" style="margin:0in 0in 10pt;"><span style="font-family:'Arial','sans-serif';"><font size="3">Courtesy of the Ottawa Real Estate Board.</font></span></p><font face="Times New Roman" size="3">
</font><img src="http://www.ryanangus.com/aggbug.aspx?PostID=3737759" width="1" height="1">Real EstateMarket ConditionsFor SaleOpen HousesBuyer InformationSeller InformationCommunity InformationOttawa Real Estate Market Update: "May" the flowers bloom and the sales flourishhttp://www.ryanangus.com/blogs/ryan_angus/archive/2014/06/12/ottawa-real-estate-market-update-may-the-flowers-bloom-and-the-sales-flourish.aspxThu, 12 Jun 2014 14:55:00 GMTe6daeaff-7201-4579-9da7-d5efcef1b1cb:3719375Ryan Angus0http://www.ryanangus.com/blogs/ryan_angus/comments/3719375.aspxhttp://www.ryanangus.com/blogs/ryan_angus/commentrss.aspx?PostID=3719375<span style="line-height:115%;font-family:'Arial','sans-serif';font-size:12pt;">Members
of the Ottawa Real Estate Board sold 1,792 residential properties in May
through the Board&#39;s Multiple Listing Service&reg; system, compared with 1,797 in
May 2013, a decrease of 0.3 per cent. The five-year average for May is 1,765. <br />
<br />
&quot;Looking at the units sold this year in comparison to last year, there is
only a difference of five units. April was a bit slow for the Ottawa market,
but it appears that with the great weather in May, buyers have come out of
hibernation,&quot; explains Randy Oickle, President of the Ottawa Real Estate
Board. &quot;May sales are up 26.2 per cent from April - or 372 units. The
inventory on hand continues to grow, and prices remain stable.&quot;<br />
<br />
May&#39;s sales included 303 in the condominium property class, and 1,489 in the
residential property class. The condominium property class includes any
property, regardless of style (i.e. detached, semi-detached, apartment, stacked
etc.), which is registered as a condominium, as well as properties which are
co-operatives, life leases and timeshares. The residential property class
includes all other residential properties.<br />
<br />
&quot;If we look at the residential property class alone, the units sold year
over year are up 1.2 per cent. Although the residential property class is
performing as anticipated, the market for condos has been a bit sluggish,&quot;
says Oickle. &quot;We&#39;re seeing a 19 per cent increase in the amount of
inventory on hand over this time last year and unit sales are down 7.1 per
cent. If you are looking to buy and hold, the selection and prices are attractive.
We encourage buyers to consult on of our member REALTORS&reg; to get advice
customized to their specific needs.&quot;<br />
<br />
The average sale price of residential properties, including condominiums, sold
in May in the Ottawa area was $381,172, an increase of 3.2 per cent over May
2013. The average sale price for a condominium-class property was $280,661, an
increase of 6.9 per cent over May 2013. The average sale price of a
residential-class property was $401,626, an increase of 2.1 per cent over May
2013. The Board cautions that average sale price information can be useful in
establishing trends over time but should not be used as an indicator that
specific properties have increased or decreased in value. The average sale
price is calculated based on the total dollar volume of all properties sold.<br />
<br />
Courtesy of the Ottawa Real Estate Board</span><img src="http://www.ryanangus.com/aggbug.aspx?PostID=3719375" width="1" height="1">Real EstateMarket ConditionsFor SaleBuyer InformationSeller Information